Championship Hearts Foundation
- Assets
- $41.8k
- Revenue
- $285.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Austin, TX
- Founding
- 11/2000
- Data as of
- 12/2022
- EIN
- 74-2938750
Organization Overview
Championship Hearts Foundation is located in Austin, TX. The organization was established in 2000. According to its NTEE Classification (H43) the organization is classified as: Heart & Circulatory System Diseases & Disorders Research, under the broad grouping of Medical Research and related organizations. As of 12/2022, Championship Hearts Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Championship Hearts Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Championship Hearts Foundation generated $285.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $272.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO LEAD THE NATION IN COST EFFECTIVE HEART SCREENING FOR ADOLESCENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IMPROVED CARDIOVASCULAR AWARENESS AND OVERALL HEALTH THROUGH SEVERAL PUBLIC EVENTS INCLUDING HEART SCREENINGS OF YOUNG ATHLETES AND THROUGH CONTINUED RESEARCH VIA A SCIENTIFIC DATA REGISTRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Silvana Molossi MD PHD VP - S & R | OfficerTrustee | 1 | $0 |
David Urwiler Treasurer | OfficerTrustee | 1 | $0 |
Jack Louis MD Director | Trustee | 0.25 | $0 |
David A Davis Vice-President | OfficerTrustee | 0.25 | $0 |
Arnold Fenrich MD President | OfficerTrustee | 2 | $0 |
Lisa Kattawar Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,725 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $218,994 |
| Noncash contributions included in lines 1a–1f | $167,259 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,719 |
| Total Program Service Revenue | $25,577 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,248 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $285,547 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $23,269 |
| Compensation of current officers, directors, key employees. | $5,354 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,382 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,110 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,217 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,918 |
| Advertising and promotion | $2,646 |
| Office expenses | $3,479 |
| Information technology | $20,496 |
| Royalties | $0 |
| Occupancy | $6,960 |
| Travel | $2,672 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,147 |
| Insurance | $4,401 |
| All other expenses | $0 |
| Total functional expenses | $272,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,279 |
| Savings and temporary cash investments | $10,764 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,815 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,895 |
| Net Land, buildings, and equipment | $3,046 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $41,799 |
| Accounts payable and accrued expenses | $11,574 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,574 |
| Net assets without donor restrictions | $30,225 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $41,799 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Heart Institute Houston, TX | $239,276,429 | $28,297,437 |
Leducq Foundation For Cardiovascular Research Houston, TX | $65,970,226 | $8,208,035 |
Oklahoma Heart Hospital Research Foundation Oklahoma City, OK | $1,604,034 | $1,053,193 |
Johnsie & Aubary Montgomeryinstitute Of Med Edu & Research Inc Houston, TX | $1,457,568 | $457,435 |
Oklahoma Heart Research And Education Foundation Tulsa, OK | $877,972 | $790,087 |
Championship Hearts Foundation Austin, TX | $41,799 | $285,547 |
Interventional Cardiology Research Foundation Metairie, LA | $1,734,129 | $181,595 |
Housten Center For Vascular Health Houston, TX | $69,087 | $0 |
Coastal Heart Foundation San Antonio, TX | $116,840 | $2,781 |
Cardiopulmonary Research Science and Technology Institute Dallas, TX | $217,260 | $0 |
Houston Shock Symposium Houston, TX | $0 | $0 |